The Traderszone Network

Published in TZ Latest News 7 January, 2015 by The TZ Newswire Staff

IBD 50 Soars 2.7% As Growth Stocks, Indexes Rebound Sharply

Stocks shot higher Wednesday to end a five-day slide. But one big up day doesn’t translate into a change in trend. The Nasdaq composite paced the rebound with a 1.3% gain, its biggest since Dec. 18. While volume dropped vs. Tuesday’s level, it was above average. The index’s close virtually at session highs also hinted at some serious buying by the market’s big players.

read more